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Like every industry Procurement & SupplyChain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The post Procurement & SupplyChain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!
The subject of the hearing was “Safeguarding the Federal Software SupplyChain.” Thank you for the opportunity to appear before you to address the federal software supplychain. As such, they are well-aware of the challenges involved in addressing vulnerabilities in the federal software supplychain.
As one of three major acquisition policy changes GSA is seeking over the next year, the proposal would remove language in the schedules program that many blame for why agencies use lowest price, technically acceptable (LPTA) still too often. Koses said CICA change would help contracting officers as well as companies alike.
Former federal executives and industry experts said it may be time to rethink the IT value added reseller (ITVAR) approach as the FBI and DCIS raid shined a brighter light on supplychainrisks that most vendors and agencies generally glossed over until now. Why take the risk? That is where everyone is freaking out.”
The performance results showed that contract level pricing was better under TDR than under Most Favored Customer (MFC) pricing. Small businesses generated stronger growth under TDR than small businesses under MFC pricing. The PRC is a vestige of the 1980’s MAS program and serves as a significant barrier to entry.
The total costs, in terms of human lives, disrupted supplychains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and SupplyChain leaders.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
Ultimately, if the government has insights into what is being bought, where it’s coming from, who’s producing it, what the carbon impact is, what the competitive pricing are. New products and capabilities are coming to market like AI and machine learning, and we also have new risks that are emerging.
The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supplychain chaos. What’s more, PwC found that the average investment in riskmanagement among MENA companies was $1.5 Enter eProcurement.
These tables allow attendees to schedule one-on-one meetings with representatives from various GSA and VA program management offices throughout the conference. Prioritize as a key contract consideration the handling of data, including procedures for data management, accountability, and access. James Peake , M.D.,
These tables allow attendees to schedule one-on-one meetings with representatives from various GSA and VA program management offices throughout the conference. Prioritize as a key contract consideration the handling of data, including procedures for data management, accountability, and access. James Peake , M.D., Thank You Sponsors !
Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and riskmanagement. Also, proper data analysis can help find potential hazards in the supplychain, sustain continuity, and reduce disruptions.
Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. Supplychainriskmanagement and domestic sourcing.
A great example is Meritor , who brought a unique approach to supplier collaboration and new product introductions to life, delivering more products at higher profit to support a board level initiative and multiply their stock price. Ensuring SupplyChain Agility. Manage categories like a financial portfolio.
In today’s business environment, however, there are fewer opportunities to drive cost improvements using traditional strategies such as supplier consolidation or strong-arming your way to supplier price concessions. alternatives.
More Than Just Price While price is often the most common focus in benchmarking, it is only one piece of the puzzle. Explore our CIPS courses today and gain insights into effective supplier management strategies. Types of Benchmarking in Procurement The benchmarking approach depends on the objectives and data available.
Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex SupplyChain Council and SupplyChainRiskManagement.
Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. Supplychainriskmanagement and domestic sourcing.
The performance results showed that contract level pricing was better under TDR than under Most Favored Customer (MFC) pricing. Small businesses generated stronger growth under TDR than small businesses under MFC pricing. The PRC is a vestige of the 1980’s MAS program and serves as a significant barrier to entry.
This year’s Spring Training Conference featured opportunities, including GSA Multiple Award Schedule (MAS), GSA Pricing Tools, SAM.Gov, Medical/Surgical Supply BPAs, VA Federal Supply Schedule (FSS), VA Prosthetics, and the DHS Intellectual Property (IP) Investigations Center.
During the training, Jason, Liam, and Alex will cover the following topics and more: Pricing – Transactional Data Reporting (TDR)/Commercial Sales Practices (CSP); Domestic Preferences; SupplyChain; Enforcement/Mandatory Disclosure/Ethics; Sustainability Requirements/Policy; and Bid Protests Update. James Peake , M.D.,
Williams, and Mickey Liebner; Mayer Brown Bipartisan, bicameral legislation in the US Congress would mandate the use of the National Institute of Standards and Technology’s (“NIST”) Artificial Intelligence RiskManagement Framework (“Framework”) by federal agencies.
Arnaud (Ivalua) – Buyers’ objectives have expanded over the years – initially responsible for savings and cost avoidance, Byers were then tasked with handling riskmanagement, and also expected to contribute to the organization’s sustainability initiatives. .
Williams, and Mickey Liebner; Mayer Brown Bipartisan, bicameral legislation in the US Congress would mandate the use of the National Institute of Standards and Technology’s (“NIST”) Artificial Intelligence RiskManagement Framework (“Framework”) by federal agencies. search on the designated icons and price to meet climate objectives.”
Firms diversifying their supplychains to regions like Mexico and Southeast Asia were identified as potential sources of disputes. Mr Krishnan Nadarajah (ExxonMobil Asia Pacific) noted that the energy sector faced significant challenges during the COVID-19 pandemic, primarily due to extreme price volatility.
The Software Acquisition Guide for Government Enterprise Consumers was created by the Information and Communications Technology SupplyChainRiskManagement Task Force, a group co-led by CISA and industry representatives. The rule consolidates the four existing MAS EPA clauses into a single clause.
Contractors should also be aware of the following opportunities that the Government is considering to reduce plastics in the Federal supplychain: The fact sheet touts past Federal accomplishments, including the FSS Single Use Plastics Final Rule that the Coalition commented on in February. Reporting should begin by September 1, 2025.
Healthcare Spotlight: HHS Announces Medicare Part D Negotiated Prices This week, the Department of Health and Human Services (HHS) released the final drug prices negotiated through its Medicare Drug Price Negotiation Program established under the Inflation Reduction Act of 2022 (IRA).
Pricing details included in the prospectus. In addition, below are considerations for member companies to manage contract and cost risks in the event of a government shutdown on October 1: Review your contract- What is the contract type? 8, A3 Price Template V.2 What is the funding profile?
The document, officially titled “Incident Response Recommendations and Considerations for Cybersecurity RiskManagement: A CSF 2.0 The new draft guidance also shifts the focus away from “detecting, analyzing, prioritizing, and handling incidents” to incorporating incident response into overall cybersecurity riskmanagement activities.
The RFI included 13 questions on infrastructure/supplychain resilience, workforce, innovation, acquisition, policy, and regulatory environment. The AISI will create evaluation tools, test AI models and safeguards, issue guidance on AI safety and riskmanagement, and conduct technical research. To register, click here.
Webinar: SupplyChainRiskManagement (SCRM) Plans: From Government Requirement to Competitive Differentiator, August 14 In recent years, Federal contractors have been challenged to adapt their legal and compliance strategy to a growing regulatory focus on securing the Federal supplychain.
Legitimate sole source situations require thorough justification, including market research and analysis, evidence of unique expertise or specialized needs that only one vendor can fulfill, and a demonstration that the price is fair and reasonable. This must be demonstrated along with ensuring the price is fair and reasonable.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
Ascend will include recently updated standards on supplychainriskmanagement (SCRM) and cyber SCRM (C-SCRM). Catalogs are standardized at the BPA level to make it easier for customers to compare services and associated prices.
PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. Given the significant pricing policy changes outlined in the PAP, it should have been subject to public review and comment. The questions all go to the integrity of the data being used to assess fair and reasonable pricing.
Data plays a pivotal role in supply, demand, and real-time monitoring of the drug supplychain by medicine authorities. Data mesh to the rescue Data mesh is an architectural framework that enables organizations to redefine how they manage and utilize their data assets. In 2023, 55 new drugs were approved by U.S.
November 15 Jack Tekus , Management Analyst, MAS PMO, GSA Derek Tribble , Senior Procurement Analyst, GSA GSA Pricing Tools: GSA’s Catalog Management team will be present to discuss various agency solutions and tools. What is the funding profile? Is the contract fully or incrementally funded?
The AISIC will develop guidelines for “red-teaming, capability evaluations, riskmanagement, safety and security, and watermarking synthetic content,” and will be housed within the U.S. During the briefing, they answered member questions on labor categories, economic price adjustments, TDR, joint ventures and other topics.
Aimed primarily at imports from key trading partners, these tariffs are set to significantly affect a wide array of goods, directly highlighting the impact of US tariffs on UK supplychains. For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance.
FAR & Beyond: Thoughts on “What is Fair and Reasonable? Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Emphasis added.)
Success in this space requires more than just submitting bids; it demands strategy, consistency, riskmanagement, and a deep understanding of the ever-evolving rules. By studying past contract awards , you can uncover key insights: Whats the winning price range? What are buyers looking for beyond just price? The secret?
FAR & Beyond: Coalition Testimony on Safeguarding the Federal Software SupplyChain The Coalition for Government Procurement was invited to testify before the House Committee on Oversight and Accountability’s Subcommittee on Cybersecurity, Information Technology, and Government Innovation on November 29.
Stakeholders must appreciate and understand that there is a nexus between requirements and price, especially for small businesses. Data context in assessing fair and reasonable pricing is foundational to sound acquisition business decisions. It is also a regulatory requirement. See FAR 15.405.
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